Only the uniforms, containers and vehicles have changed.
Other than the visual changes, everything else at Waste Industries will stay the same after merging with another company.
“There really wasn’t any impact. We started our rebranding in June,” Waste Industries General Manager Steve Cobb said.
Last October, GFL Environmental Inc. of Canada and Waste Industries announced they entered into a definitive merger agreement in a transaction that values Waste Industries at a total enterprise value of $2.825 billion. The transaction officially closed late last year.
Despite the merger. Cobb said no detrimental impact has been felt by employees and management at the Morristown location.
When combined with GFL’s existing solid waste operations, GFL and Waste Industries is the largest privately owned environmental services company in North America, with operations in all Canadian provinces except Prince Edward Island and in nine states in the United States. But the merger will not lead to overlapping locations, which could have led to consolidation of both the Morristown location as well as the Nashville location.
Waste Industries, which is a vertically integrated regional provider of non-hazardous solid waste, collection, transfer, recycling and disposal services, provides services to nearly two million households.
Cobb said all its locations will continue to operate autonomously.
“We don’t have any overlap,” Cobb said. “Our location in Morristown is still the same. Our location in Nashville is still the same.
“The status quo hasn’t changed.”
The changes are visual only, and Waste Industries will continue doing business as usual.
“We’ll be rebranding our containers and trucks,” he said. “The containers and some of the trucks will decals, and others will change their colors to light green, which is the GLC color.
“It hasn’t affected anything. Our business model is still to grow. We’re just using a different color.”
According to Cobb, the merger will allow Waste Industries to diversify with assistance from GLC.
“The good thing about the merger is that we have a lot more resources than we had in the past. It’s always good to have extra resources,” Cobb said. “Our goal, of course, is to make profits, which every business wants to do.
“We hope (GFL’s) resources can give us ideas to build more profits.”
The combined company operates 98 collection operations, 59 transfer stations, 29 material recovery facilities, 10 organics facilities and 47 landfills, and will have more than 8,850 employees in Tennessee, North Carolina, South Carolina, Georgia, Colorado, Virginia, Maryland, Pennsylvania and Delaware.